Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Taxes on Income (Details 1)

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Taxes on Income (Details 1) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Taxes on Income [Abstract]      
Loss before tax benefit $ (1,621,400) $ (1,773,655) $ (2,164,368)
Statutory tax rate 25.00% 26.50% 26.50%
Income tax benefit $ 405,350 $ 470,019 $ 573,557
Effect of:      
Losses and timing differences for which valuation allowance was provided, net (347,128) (463,890) (112,002)
Foreign exchange differences (*) (10,104) (286,106)
Non-deductible expenses and other permanent differences (27,055) (482) (162,870)
Other (31,167) 4,457 (12,579)
Income tax expense recognized in profit or loss